A.M. Best has been registered as a credit rating agency by the ESMA to provide ratings through its new Amsterdam-based subsidiary as part of its Brexit contingency plan
A.M. Best has upgraded the financial strength rating from B+ (Good) to B++ (Good) and the long-term issuer credit rating from “bbb-” to “bbb” of BTG Pactual Resseguradora (BTG Re)
Berkley Accident and Health has appointed Brad Nieland as president and CEO, with Chris Brown moving into the role of president
The Illinois legislature has voted to override governor Bruce Rauner’s amendatory veto of SB 1737, which proposes a reform of the state’s captive insurance regulatory framework and a substantial drop in self-procurement tax
Bermuda is extremely unlikely to be able to provide a captive insurance solution for the US cannabis industry unless the federal prohibition is lifted, according to Mike Parrish from Marsh
The number of European risk managers using captives as part of their strategy for risks that are difficult to insure has risen by 4 percent, according to a FERMA survey
Labuan IBFC is “officially embracing” fintech and aims to be the Asian domicile of choice for the industry, according to CEO Farah Jaafar-Crossby
Changing company culture is one of the main challenges facing the implementation of insurtech, according to Liam Gray, head of research and partner management, Startupbootcamp InsurTech
Underwriters are key to the development of insurtech for specialty insurance and reinsurance, according to Jonathan Spry, CEO of Envelop Risk
New Nordic Advisors has placed its wholly-owned insurance subsidiary Qudos Insurance (Qudos) into liquidation and entered into multiple reinsurance treaties with DARAG to de-risk Qudos and provide a solution for policyholders
Randall & Quilter Investment Holdings has completed two new transactions in the captive insurance and self-insurance space
Criticisms of Bermuda as not being a “real jurisdiction” are outdated and need to be stopped, according to panellists at the 2018 Bermuda Executive Forum